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ADBE - Micro Focus International Poised To Reach Above $30 A Share
Adobe Inc.
Since trading on the public exchange in 2017, shares of Micro Focus International (MFGP) topped $35, only to plunge to the $13 range last year. Things improved in just the last few months. The company announced a share buyback, hired a new CFO, and reported a recovery in its HPE software acquisition. Now that the stock’s dividend fell from around 7% to 4.4%, should investors still buy MFGP?
Before continuing, it's worth noting that this stock was a top DIY pick for marketplace subscribers for much of 2018 (see details of service at